Somalia vs Spain: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Somalia
- Spain
How they compare
Somalia currently reports 1.67 trillion current LCU against 1.53 trillion current LCU in Spain, a difference of 138.03 billion current LCU.
That makes Somalia's figure about 1.1 times Spain's.
The two have swapped places 1 time across 21 shared years of data; in 1970 it was Spain ahead.
Globally, Somalia ranks 90th and Spain ranks 93rd of 206 countries.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.